Valve killed millions of potential investors careers.
>>724097086Based Valve
>>724097086>game economy outrage>look inside>broken EnglishMany such cases.
>>724097423
The average Steam user only plays 4 games a year.
Just buy the dip.
>>724097086And created millions of new ones, some reds have shot up more than 10 times their original value.
>>724097086>People crying over like 1000 bucksLmao poor brown people are hilarious
>>724097657Unironically this. Also all of this is just so Valve gets more money because most high value skins are sold outside of the steam market which has a $2000 limit to abide by US law. They're intentionally dumping high value skins below $2000 so they can be sold within the steam market so steam can take a cut.
>>724097935>tempered glass on pc case still intact, dust cover off>monitor unscathed>nothing brokenlooks extremely fake
>Investing in a volatile digital asset that has a singular controller of supply
>Putting your financial future in a fucking SPECULATIVE MARKET It sucks to lose money but if your entire financial future is dependent on gambling, let alone gambling for digital items in a fucking video game, you are retarded.
>>724097613
>>724097086
>>724097086>"investing" into a speculative market that is under the complete control of a business entity
>>724097086oh yeah I'll listen to the people investing in and gambling with weapon skins for counter strike lmao they surely have great opinions
>>724098727He could have put it into literally any other kind of investment account or even a fucking high-yield savings account and be fine. People truly are utterly retarded with money.
>>724098628It's the exact same as investing in shitcoins, except cs skins had a 6 billion market cap which is a lot more than most g8ngy
>>724098727out of curiosity do these people sell through grey market third-party clients or does he expect to retire with Steam wallet funds?`
I know some of the Chinese have already killed themselves over this, but how are the Russians doing? There's a not insignificant chance that this may put an end to the war. Zelenskyy shall hand Gaben the Ukranian equivalent of the medal of honor before also shooting him dead for devaluing his inventory by 740%
>>724098912Think there are some websites where you can sell skins for real dosh
>>724098628>under the complete control of a business entityWorse. It's under control of a business entity and any actual financial transactions are done off platform and THOSE are controlled by other shady as fuck entities.So it's stupid from multiple angles.
>>724097708>loli touhou is basedWho would have thought??
>>724097740It's more like 10,000 but yes.
This shit's just money laundering, right?Dirty money -> buy knife skins -> wait a while -> sell knife skills -> clean money
>>724098946The ruble was supposed to collapse at some point with some war or another and believe me anon it hardly fazes Russians
tl;dr wtf happened?
>>724098912Yeah, all 3rd party (outside of steam) markets or people that are buying/selling skins for money. Most people don't know that it's a massive market, there are literal day traders for cs skins that's how big it is. Pre-crash it had a 6 billion market cap, that's more than most shitcoins.
>>724099090I don't think it's even possible for any major world power to collapse or fail.
>>724099078Yes. Retards and money laundering
I still can't believe people put their lifesavings into csgo skin. Clown world is a too generous term for that level of retardation...What was the long term plan anyway? Did they believe the game would exist forever?
>>724097086CYKA BLYAT!!!!!
>>724097086I want to say good riddance, because I hate modern gaming and moder gamers are responsible for creating and funding modern gaing, but on the other hand I know that the majority if not all of these people who actually did kill themselves will be burning in hell and suffering eternal torment... so I also don't want to say good riddance :(This is what you get when you idolize pixels and worship mammon.
had a skin that was like 10-15 bucks jump to over a hundred over a day, sold it.. thanks valve!havent even played CS in years
>>724097708>The trading community is what makes CS2 so largeAre these people delusional? I bet they don't even make up 1% of the playerbase.
>bugmen and orcs killing themselves over fake pixel itemsFantastic. I could use a good laugh.
>>724097086Good.
>THE MARKETS GONE
>>724097086this shit is hilarious. it's like pre-gaming for the AI bubble crash suicides. imagine if this happened to Crypto? i'd cum. lmao
FUCK the whales. Fucking LOOSERS. I don't want any sob story ! Cry me a river! You spent REAL LIFE MONEY on a VIDEO GAME. You get what you deserve! FAFO. hahahahahaha
>>724099142CS Weapon Skins (guns) have various rarities starting from the lowest, light blue -> blue -> purple -> pink -> red (highest rarity), an in-game mechanic is to trade 10 of a lower rarity skin for 1 higher rarity skin. Glove/Knife skins also exist but can't be traded up for and can only be unboxed with an extremely low chance. Because of the Glove/Knife skin rarity, over time the price increased from $100 to over $2000 for certain glove/knife skins. What happened was Valve added trading up 5 Red guns for 1 Glove/Knife skin. This means that people sitting on Red rarity guns could immediately trade them up for extremely rare gloves/knives, tanking the price. For the longest time lots of people were "investing" in CS skins because the price only went up (and using it to launder money or store wealth).
>>724099210At least if you buy enough magic the gathering cards you can play with other people. MtG would have been a solid gold investment but they became publicly traded under Hasbro and have been bleeding players since. The only people still buying mtg cards are the funko-pop crowd since that's been the target market with the latest crossovers
>>724099509why do they have no chest belt wtf? is this some sort of super old car or why would you deliberately make your survival odds way worse?
>>724097613>>724098520LOL
>>724097834>I lost all my money and smashed my TV>but YOU lost a single (1) player, so take that, Valve!I hope these are trolls.
>>724097935>someone threw a slightly ground mint at meWhat the fuck am I reading?
THEY KILLED TRILLIONS!!!!!!
>>724098946russians don't give a shit anon
>>724099617They're desperate for content.The tl;dr is that man makes DREAM MUSCLE CAR with MAXIMUM HORSEPOWER and he can't drive a manual so his automatic shits out so much torque just idling in first gear that just keeping the vehicle still with your foot on the brakes melted the brakes. It's like doing 99% power 1% control IRL lmao but with that build it should be closer to 60 40 except retardationThey were desperate for content.
i dont get it, though. doesnt valve get a cut off the sales? it would be on their best interest to keep prices as high as possible, i dont get what this update is meant to achieve, the rarest skins were always something of a meme/myth because they were so rare, and that was their point, wasnt it?like, what did this actually achieve? even normal players who didnt view this as an investment, anyone who bought from pre-update prices got bent over. and this is coming from someone who never ever spent a cent in cs, but if i buy a car today and next week said model drops by 80% permanently, man id feel scammed and be pissed, too
>>724097086I remember buying Dota2 for 20 bucks one week before it went ftp and I was quite butthurt, but this id magnitude greater levels of trolling.
>>724099864>i dont get it, though. doesnt valve get a cut off the sales?Not if they were being sold through third party sites that used real world transactions (Paypal, bank transfers, shitcoins) or gambling.Gloves and knives weren't being sold on steam for the most part.
>>724099864People didn't trade at those price through the steam store retard-kun
>>724099864No, because most skins are bought/sold via 3rd party marketplaces (so people can use real money instead of steambucks), so steam never receives a cut. The steam reasoning is a lot of high value skins were above the $2000 steam market limit and couldn't be sold for their correct (at the time) price. Most people prefer 3rd party marketplaces because steambucks aren't worth shit
>>724099617Looking at it the car did have chest belts, they just didn't put them on.
>>724099864The CS economy was always fated to undergo a huge crash, because of TF2. Whenever that game stops receiving support, people would realize the same thing will happen to them eventually.Maybe by prematurely making a dent on the economy with this change, the actual crash wouldn't be so bad? Maybe not Valve's intention here, but that's just something I've observed.
>>724099509emergency brake? hello???
>>724099864>i dont get it, though. doesnt valve get a cut off the sales? it would be on their best interest to keep prices as high as possibleValve doesn't get a cut, because the price point of a knife is like thousands of dollars, so no person is going to sell it on the steam market. They're selling the knife over third party websites, which they can then cash out as crypto or some other currency. Valve actually makes more money from the steam market if the items are affordable, but even then they're not really making money off any steam market sale because the moment money is introduced as funds into the steam economy it already belongs to Valve, so the steam market fee only exists to prevent inflation so wallet funds are always less worth than the real currency value.
>>724097086>>724097328>>724097423one of the great casualties of AI emergence is that too many ESL niggas can post decent comments in English now. half a decade ago many of these reviews would be half-ass illegible because of all the grammatical mistakes.
>>724100134wearing the rigs doesn't look good for the camerathey really needed that content
>>724099864>he thinks people were making 6-figure trades through Steam
>>724100134that's extremely retarded. it's one thing to ignore the waist belt, so you would just slam your knees and legs into the car and break them if you had the chest belt on at least, but waist belt and no chest belt is a fucking death sentence because now the force will pivot your face with full speed into the armature
>>724098946>Dimitri, you have lost ten million ruble from CS skin>I can still afford vodka?>Da.>I do not care then
Am I stupid for thinking Valve does share some blame for this whole third party CS market existing in the first place? Why have stupidly rare impossible-to-obtain knife and glove skins in the first place? What did they think was gonna happen? Did they naively believe nobody would value pixels that much?
good, time to get a real job, preferably as a fast food worker so you understand the effects of capitalism firsthand
>>724100417If they wore the whole harness they may have ended up with a basilar skull fracture.
>bored ape bagholders once again finding out their bags are full of shit
>>724097086it's time to put the fries in the bag, fucko. turn those diamond hands into deep fryin' hands. LOL
>>724100613They thought people were going to sell the knives on the Steam marketplace. In reality people are selling their accounts on third party sites, something which is already against Valve T&Cs, and Gabe wasn't getting his cut.
>>724100613>Why have stupidly rare impossible-to-obtain knife and glove skins in the first placeValve literally makes $1 Billion a year from people opening CS Cases.
>>724100613The logic might be that having $2000 cosmetics will lure in people but having $15000 cosmetics might turn people away? Valve only cares about key turnovers and the real reason might be they want people opening more crates overall, just for more junk items to forge into rares.Sure your rares might go to 10% of their old value but theoretically the less valuable items will get annihilated to make that happen.Valve is many thinks but they're not stupid. I doubt they expected to have blood on their hands, if you could even call it that.>hey that toy you really like? now more people can play with it>*kills self in response*
>>724099617>guy drops 100k to make a 1000hp showcar>takes it for a spin for a youtube video>the throttle sticks>starts riding brakes>the drum brakes (!) give out and they rear end a car at a red light>youtuber needs to have his entire lower jaw reconstructed after it impacts the steel dashboardit had a 6 point harness btw
>>724100754See, that's where the "stupidly rare, impossible-to-obtain" part comes in. Don't these third party sites only exist because the value of most knife/glove skins exceed $2,000?
>>724098727Is an HYSA just too fucking sensible for these sorts of people?
>>724101039dude what the fuck is that gay shit all I play is CSYOU MEAN I CAN GET RICH PLAYING VIDEOGAMES??? Is the thought of every moron ever nowadays
>>724100016DotA2 was always free, liar. The only thing was $20 was the International Pass. Thanks for admitting you're a total faggot.
>>724100947I meant before the update. Why have knife skin rarities that equate to thousands of dollars if you're gonna cap Steam Marketplace trading at only $2K?
How fucking retarded do people have to be to use something like that as long term investment? Even if you can make money, you should be fucking in and out quick as possible.
they arent future investors, the whole reason they used skins is because they arent allowed to invest.Based Valve gatekeeping thirdies from wealth
>>724100968Hopefully the guy he hit sued his ass into bankruptcy too
>>724101028Yeah, Steam can't sell things over $2,000 or it breaches some US law. By tanking the value of meme skins people will (they hope) just use the marketplace instead of third party sites.
>>724101185There could be any number of legal reasons why, but at the end of the day Valve clearly thought the items were too scarce. If there is a $15000+ item floating around or two Valve is likely fine with it, but if so many people are hoarding $9k knives they might be getting nervous. Their leadership probably knows something the public doesn't, like regulator sentiment.>>724101189I have some fine beanie babies for sale, very unique, limited runs.
>>724101039they're degenerate gamblers, a savings account isn't enough cash money for themtards like this are why gambling ends up criminalized so often
> sold all my gay expensive shit from my CSGO days literal weeks agoSo this is what it's like... feels good...
>>724098727can nobody detect trolling anymore
>>724101326So my question is, why did they have items at such absurd rarities that would obviously surpass the 2K limit? Aren't they to partially to blame then? They chose to make those items that ridiculously rare.
>>724097086*saved millions of actual gambling addicts
>>724100968Poor fella
>>724101791Back in the day there was a saying that went something like "if someone said it on the internet it must be true", which was a joke that obviously meant you don't take everything you see at face value. I don't think anyone who has gained access to the internet in the last 15+ years understands that statement and genuinely has no idea that something they see on the internet might be false, intentionally incorrect, or trolling.the internet is so shit these days
>>724101845>why is this item so rare???It's Valve. It could be anything from "it took serious spaghetti code to make the two color options on the team color paint" to "we didn't expect so many people would play the game for so long haha oopsie."From what I understand the loot crate system (for the numbers at least I know actually getting is different with the $5 key and the store) works something like trying to roll for third age in OSRS in terms of item drop rarity. But CS also had an added element of "randomness" in how a texture is applied so you can get a smiley-face AK, at about the same odds as say a 3rd Age Pick, going back to OSRS.
>>724101845say a knife is worth 2k based on its rarity alone, noone pays that price or cant. Some gambling site creates a website where you go play a slot a machine that gives a chance at one of those, paid for in shittier skins (as opposed to buying keys and cases on steam), now the skin gets added value to the owner because it generates more value via lower value skins paid into the slot machine, then a bunch of kids who cant afford the knife get even more horny because they want to use it to flex (the noteriety of the skin has gone up as more people have failed to get it from third party sites, as well as from crates, and their favourite streamer (whos partially owns the slot machine) is showing off how amazing it is), well some chink decides alright ill rent it to you for an amount, now the knife has an additional way to generate money and its value goes up again. All those things compound off of its rarity and now theyre worth tens of thousands because they generate thousands in off-steam revenue.these things like most things are propped up by hype and accessibility, the latter of which no longer exists and the hype will also die with it.
>>724097086Hope skin collectors and traders finally rope themselves. They are the ones responsible for the current live service shitshow that we have.
>>724103069how the fuck does renting work? what prevents the renter just keeping it?
>>724097086So what changed, and how did the change destroy the market?
What exactly valve gained from all of this?
>>724097086It would have been even more kino if they quietly kept increasing the drop rates of most expensive items.Gaben really made it easy on these retards.
>>724102239People trust wikipedia or even language models at face value until they learn the hard way that large language models (that aren't specially trained) just make things up that sound convincing. That's how they're trained.Some posters can't detect nuance either but /v/ doesn't have that problem much. The resistance to donating a (you) might go a long way.
why did this shit specifically attract turd worlders, there's way easier shit to get into to make a couple bucks
>>724103691I fully trust ChatGPT as my financial advisor.
>>724097086so we know how they feel. How do normal players who want to get cool skins feel?
>>724103642they let players use 5 of a previously shitty items to create ultra rare items. Crashing the value of these premium items.
>>724097086why didnt they trade or sell them?
>>724103985huh neat.
>>724099509did they died?
https://www.youtube.com/watch?v=yBLdQ1a4-JI&list=RDyBLdQ1a4-JI&start_radio=1
>>724099509Hes ok though, right?
Let me get this straight, you bought an intangible set of data on a sever somewhere and were convinced it'd somehow acrue value at all, let alone forever?Okay.
https://youtube.com/shorts/GdFuBy5ut-A
>>724099509
>>724103634its a chink thing based on ID, because it uses the items from the one central steam ecosystem, the values are reflected for us. Thats why the values are so odd to people like you who aren't aware of all the BSbut additionally regarding the value, because the accessibility was so low, and the cycle of increasing hype and value feed off of each other, if a new item does get introduced via a case, that person is incentivised to just sell it into the gray market immediately, its basically their only way to make profit off it without feeling scammed (the price is capped on steam). Due to the above methods just creating a cycle of fake value around these items the prices just kept creeping up.Accessibility was the key to whole operation and the reason why this whole thing will crumble despite what bagholders are saying.
>>724103674they did it for the lulz
>>724099509how smart! why yes extending my arms will not snap them in two lol
get funged, idiots
>>724104218no..theyre fine actually. its from YT
>>724097086I don't understand. Did they nerf the AK or something? Why are people so upset?
>I sold my knife a few months ago>Bought a 1tb Oled Steam Deck with itFuck this is entertaining, especially when I got off like a one armed bandit.
I hope Valve doubles down and bans anyone in their negative reviews admitting to breaking ToS and utilizing third party websites to sell skins for more than the cap on the Steam Marketplace for real world money.
This is a good thing, all of these people should fuck off from my hobby forever. None of these people belong on the internet.
>>724105417If he was smart then he would have worn the seat belt.Psycho Pete told me the secret wisdom once:Tensing up and bracing is smart if you're a knight holding a shield. Surviving a car crash isn't like surviving a smash of a warhammer. Your best bet with a car crash is to go limp, which is one reason why drunkards survive wrecks really well. In buddy's case he should have probably curled up into a ball a little bit too, so he wouldn't bite that dashboard so hard. A few human arms in front of your face does wonders to protect your brain from glass and even small caliber firearms.I just realized I have no lootbox meme pictures on my computer.man those guys in the muscle car must have been desperate for content if they never wore seatbelts
>>724105625Apparently they made some changes and these expensive rare knives and skins can now be crafted with worthless lower tier shit, so these expensive and rare knives and skins aren't suddenly so expensive and rare anymore, kek. Also it seems like this market was also used to launder money and hide money from the government by Chinese, Russians and other third worlders and this is a black friday level event for them.
>>724105796did the same thing but with crates, feels so fuckin good to make out like a bandit and lose nothing
>>724099509why does he start fucking around with the gear stick
>>724097086wtf I love valve now
>>724103674It was really, really funny.Also people will actually trade in steam now, hopefully, so they get a cut.
>>724097423>out of touch with the playerbaseare we sure?
>>724097086based jester farmers
>>724098946nafoids so fucking corny lmfao
>>724105625you can trade up to knives now
>>724101165Wrong, they let people buy the game in the pre-release period for early access.
>>724097086>Investors pulling out>brake marketHeh
>>724098906Both are gay and you deserve losing your money.
>>724097328Uttering words 'financial decision' in relation to literal jpegs will never not be funny.
>>724099653it's been a meme in the community for almost 2 years; it's from a football game twitter post. your team loses and you post it etc
Oh no your assets were overinflated!I hope these people buying CS skins live long enough to experience the IRL equivalent
>/r/pcasterrace aka /v/ tries to brag about how many people are on steam>turns out 1 million of them are literally just bots on a free 2 play game for imaginary cosmeticslmao, this is why pc gaming and valve are a joke and its cult members need a wake up call that they arent special
Actually hilarious.Speculators get what they fucking deserve.
>normal people just playing the game can get the items they want easier>finance parasites lose their theoretical moneyMan... that suuucks...
Isn't the steam marketplace limited to valve steam funbucks? Meaning that actual "investors" were breaking the rules selling accounts for real money?
>potential investor>Isn't ready to lose money
>>724107143Yes, and third party sites that paid real money (Or memecoins) for the skins.
>>724107143Oh and importantly, Valve doesn't get a cut of those illicit sales.
To think that all these years I cursed Valve for popularising these microtransactions when Gaben was just playing the long gameWell done, an entire generation of gamers will now realise how fucking stupid spending money on digital goods are.
>find a rare cosmetic item you don't care about>sell it on the marketplace to get a small discount on the next game you buy...>OY VEY/HAIYAAA NOOOOOOOOO! THATS MY INVESTMENT YOU FILTHY GOY/GWAILO
funny how this is all happening during the anniversary of the start of the great depression
>>724107505I like to think they knew this would happen and planned this around that date. Wish they'd done it on the date for maximum keks.
>life savings into a non-regulated system for video game skins>hoarding it all on platform like a bank>shocked and awed it crashedImpossibly funny
>>724101165I think that he is talking about invites in closed beta.Some people paid 60 bucks for one invite just to play before other people.In the end, there were more invites than players. I had like 6 or 7 before the game went from closed beta to F2P.
>>724097423>What's next, make TF2 unusual craftable?God I wish. Fuck TF2 traders.
>>724106442Seems like they intervened because first and foremost, these are cosmetics in a fucking video game and should not cost thousands of dollarsAll these grey market traders seem to have forgotten that
>>724097086I like how these faggots refer to themselves as investors like they're on fucking Wallstreet when all they're doing is selling virtual knife skins in a fucking Source game. Also it's hilarious that they're directing their complaints about their grey market "investments" going down the shitter towards Valve considering selling inventory items for actual cash as opposed to store credit on the market place is against the ToS.
>>724097086how does this effect the counter strike gameplay?
>>724108224Well, they started with making all trading card craftables purchasable with points, now they fucked over the knife marketSeems to me like Valve is actually trying to kill this sort of absurd trading
https://m.youtube.com/watch?v=KYxsNJYgrgI
>>724108254'investor' is just a term they use for themselves when 'gambler' makes them look like a bum
>>724097423Do these retards not even realize they're violating Steam's ToS? Imagine bitching about Valve finally cracking down on your retarded third party real-world trading scheme. Never mind that fact that that shit was definitely being used to launder money.
>>724108282all the people who actually play can use something other than default knife and glove skins, otherwise it doesn't
FUCKING DIVERSIFY YOUR GODDAMN PORTFOLIO IN CASE ONE FAILSretards don't even know rule #1 of investment
>>724108282I guess it could lead to longer queues and worse matchmaking if some subhumans are only playing the game for a chance to make money on drops.
>>724097086don't care, anyone who poured a significant amount of money speculating on CS skins is a moron. barely above people who fall for eceleb crypto rug pulls
>>724108224this, god please, it would make my year to see tf2 traders get eternally btfo by valve
Should have gave Gabe his butter
I hope some "people" committed suicide because of this
>>724097423Get fucked lmao
>>724106989I mean the Internet itswlf is 80% bots, Indians and Chinese. It's all fucking dead, Jim.
>>724108254The Moguls of the stock market april fools day gag were more legitimate investors than these clowns.
>>724099060>>724097740One chink lost 1 million USD
I put 110k into stocks a month ago and have already made 3k back by literally doing nothing. I don't know how retarded you'd have to be to wager your entire future on a video game cosmetic item.
>all these people threatening to kill themselvesPlease do. I want to see Indians and Russians throwing themselves off buildings like it's the fucking stock market crash all over again but over shitty knife skins in a crappy source game mostly played by Koreans in internet cafes.
>>724108147i was in the beta when it was literally just pros and real insiders, and it was my first ever dota. the invites were easy to get if you looked around, im pretty sure I got one from /v/. if someone paid for an invite they are beyond stupid, legitimately braindead
>>724097834It's X clickbait, you see this shit all the time whenever bitcoin goes -2% and alts take a -20% brap.
>>724108636
>>724097086>too pussy to play the real stock market>"invest" in an imaginary speculation market that makes NFTs look legit>lose everything when your fisher price stock market crashesThis has been one of the funniest things to witness in a while. I keep saying it because I truly can't believe it, but HOW could you be so stupid to dump your life savings into this nonsense?
>>724097086>whales and """investors""" get fucked>The average joe can now afford to get a knife or twoI don't see the issue.
>>724106442>out of touch with the playerbaseBeing out of touch with a brown playerbase is the best thing you can do lmao
>>724108619Did you do an index fund or ETF or just pick actual stocks?
I love it. Seethe posers. The majority of skin collectors suck at the game.
Is this how WW3 starts? When China retaliates for ruining their GDP?
>>724097086>>724097423Did it never occur to these people that hey, this investment stuff is kinda lucrative. Maybe instead of having all my money invested in children's video game cosmetics I should take some of that money and try the real stock market?
Based. Kill all (((investors))).
>>724100665Qrd?
>>724098946Russians are too poor to invest heavily. Their community for CS mostly actually plays the game. This is basically another holocaust for the Polish, though.
>>724108974they are russians
>>724109270chinese* russians don't seem as affected by this.
There's not a single butthurt "investor" post in this thread.
>"investing" in a microtransaction item market that prohibits selling items outside of said market for real money and doesn't let you cash out said items for real moneyGenuinely don't know why anyone thought this was a good idea
>killing subhumans and leaving the rest in financial ruin by improving player experiencesThank you Gaben, very cool.
I haven't touched my Steam account in years but I used to play a lot. Are old items worth anything?
>>724103985Based as fuck.
>>724104474Thanks for the qrd
>always sell everything tradable i won in cs and dota 2>friends always called me an idiot>mfw they never sold their skinsVindicated
>>724098946It’s only mobsters looking to launder money, e-sporters, and hackers that are deep in the cs skinconomy.The average Russian joe isn’t _that_ big on digital jpegs.Crypto on the other hand….
>>724109023I just went through Merrill and some team of advisors pick everything for me. So far they've done a great job.
>"investing" in fucking video game cosmetics
I never owned a knife and my red skins went up by 4x so I won
skinfag video yesterday>don't worry this is the bottom and people are just panic sellingskinfag video today after it dumped another billion>noooo China is selling everything and pulling out of the marketthen he goes on to say that he thinks it will fully recover because "there's too much money in the world and not enough stuff to invest in" and then said investing in skins in more stable than investing in the s&p500, lmao.
>>724097086>some valve employee probably risked his 180 grand a year do nothing cushy job for like 1 k in digital skinslmao that first post
>>724097086>steam single handedly wiped BILLIONS from the Russian and Chinese economy The US government wishes it could do that
>>724106472I don't want to hear someone using the adhom "nafoid" call anyone corny.
>>724103985>Crashing the value of these premium items.Everything is crashing now, not just gloves and knives.
>>724109270>>724109319
Should've accepted Trump's ceasefire deal Ivan
>>724100613Absolutely.The entire CS e-sports scene is funded by basically nothing but skin gambling/trading companies.If you pull the plug on gambling, you pull the plug on e-sports. simple as.Valve knows that, so they’ve turned a blind eye to it to keep e-sports going, until now at least.In retrospect it’s kind of a weird world we live in now where real sports is all in on gambling sponsors, while Valve is moving to kill off theirs.
>>724097086Buying knife skins for a video game should not be a career.
>>724110329Good. This entire artificial market needs to go up in smoke and I hope TF2 is next.
>>724097086Even the real stock market less risky than this shit.
>>724099426noone actually plays CS for the game anymore
>>724099509i keep trying to think of some way to make dragula work for this but i cant. best i got isBURN THROUGH MY KIDS TUITIONSTHIRD DIVORCE FUCK THEM BITCHESAS I SLAM IN THE BACK OF A FULL MINIVANNNNNNdosent work but it still makes me giggle
>>724109457They can be worth 10s of dollars, yes. Meaning you can get a discount on the next game you buy. Most items are worth a few cents though.
>>724110513Hell even if you lost anything with real stocks, you can write it off on your taxes.
>>724110584You don't have to have every line be a single joke, you can set it up differently>SPEND KIDS TUITION>AND THIRD WIFE'S DIVORCING>AS I BITE ON THE DASH OF MY YOUTUBE CAREER
This is why I only invest in precious metals
>>724098727based. opiates are a chill way to go>>724102239we live in a clown world. things so ridiculous they'd make the onion look like a real news outlet have happened
>>724110802yeah, there was a better version i had earlier when it actually happened, i just sorta typed it quickly from memory. i was trying harder to make it rhyme in the original
>>724108254>moon over juneI remember this.
>>724110859Shalom!
Explain this to someone who isn't a retard that buys knife skins
>>724111097all of the retards that bought and sold knife skins lost all their value instantly with one "small" update that allows the playerbase to craft knifes/gloves instead of rolling the 0.05 chance for one by unboxing
>>724111224I see. Thank you
>>724111000>dubtripsnice
>>724111097you couldnt get a specific tier of knives by any other means except purchasing loot boxes. loot boxes had a 1 in 256 or something rate of dropping a rare knife. this made them very rare.the change made was you could trade 5 lesser value items for a guaranteed gold knife. instead of having to gamble, getting the rarer item was guaranteed. this tanks the value of gold items instantly.conversely, this raises the value of those lesser items, because now 5 of them are a guaranteed gold item. the cycle will continue, people will hoard and try to make money off those red level items, just, a small portion, the 1% at the top hoarding the gold items, just got fucked.
the whole concept the people upset about this have about the situation is genuinely one of the most hilarious and absurd things in recent memoryyou have to be a complete retard to have at any point thought skins in a video game were any kind of true investment or had any sort of long term security. Not to mention that the way it was done was defacto against the terms of service of the company these people are now crying about. Better still is the complete morons who lost their money also seem think they represent the average Valve user. When in fact they're being laughed at by nearly anyone with an understanding of the situation. Grow the fuck up, having a different color knife in a fucking video game is not an 'investment' and never will be.
>>724108224they should drop a fuck ton of golden pans, like what they did with gold wrenches during the engineer update. and affix the drops to just some random performance update that has nothing to do with anything.
Maybe they should put whatever money they have left into real stocks instead of fake ones.
>>724111697terrible idea, real stocks are incredibly volatile right now, some idiot keeps fucking around with them with pointless tariffs, adding them and removing them like, every 2 weeks, for some reason
>>724111376>the cycle will continueThe cycle will never recover because of the last few years the market has been pumped and manipulated by "investors". It's a popped bubble not a cycle, supply has effectively doubled and trust is gone.Chinks were the number 1 investors and currently chink skin sites are selling at -80%, all crafted knives and gloves are on a 7 day trade ban, the real crash hasn't even started yet.
my working class mom just spent literally no money on anything and put everything into mutual funds for 40 years and now she's rich as a troll
>>724101185Valve isnt the one setting the knife prices, its the players, and since knife prices are over 2k then they cant be sold through steam therefor they are sold through 3rd party websites
>>724097086Good, good.
>>724112183doubt it. there was a pop last year and here we are. tf2 has had like 20 different pops and people STILL trade that shit.>>724112198yeah gosh why didnt we all buy houses 40 years ago when they were a quarter of the value they are today, what morons we were
>>724108619>he says, wagering 110k on the stock market which could be annihilated by a single orange man in seconds
>>72411275940 years was a drunken mistyping by me. She's an Xer born in '75.
>>724112889....oh, sorry, let me revise that>god why didnt we buy houses 31 years ago when they were a quarter of the price, how dumb were we
>>724112759>there was a pop last yeara -50% pop? lmao. >tf2 had like 20 popstf2 didn't have a 6 billion dollar marketcap and chinks mass manipulating the market and retards treating it like an actual financial investment. The biggest tf2 pop was due to a bug not a conscious decision from Valve to kill the market.It's over, absolutely no one is going to be "investing" in this shit when a single update from Valve at any moment can kill the market. Knives and gloves will be 90% off in a couple of weeks
>>724097086>potential investor no one stupid enough to bank on shit like this was ever going to be smart enough to not lose all their money.
>>724113679right. every year its "the biggest ever", and every year theres some "biggest drop" or some disaster, and yet, next year...it continues. but only one thing remains stable. the people stupid enough to invest in stuff like this. will remain stupid. within hours of this dropping, i already saw people speculating and investing in red tier shit, and arguing that the market will simply balance. this biggest pop ever? people are already investing into it. i bet the market will be back, thriving and bigger then ever in just 365 days.
With how many streamers "play" to gamble this shit im surprised more clips of them having mental breakdowns haven't emerged
>>724114539they had ownership in the things that brought revenue from holding these knives, the values were marketing not something that mattered for their bank balance. they are all fine, its the chat that got fucked
>>724097086>Investing in a fake stock market with admin keys Grim
>>724114434they wil all be wiped out in a month, its a mosnomer to say they will continue in the skins game, only the most deluded bagholders will stick around. The majority of the people you are talking about will do the same thing in an entirely different "market"the bubble popped, ggwp go next
>>724097086>buy a several thousand dollar texture for a video game>get surprised that you both do not control the market and furthermore that the value is propped up by nothing
>>724097086Some Yuropoor countries where the average monthly wage translates to about 200 dollars probably lost a full percent of their wealth because of this.
>>724110990rhyming isn't important in joke songs so much as the lyrical pace
>>724108224I have 1 (one) unusual and I wouldn't even care. Why do these faggots freak out when people can have something similar to what they own? They don't derive joy from owning it, they derive joy from owning something others don't. Fucking pathetic behavior. I traded away Halloween spelled items for it if you're wondering.
>>724097086>"investors">looks more closely>all chinesekek
>>724102239That's mostly because life has gotten so absurd that it's impossible to determine whether something is or isn't true because if we're to use "common sense" then pretty much any retarded shit could be true.For example, if I claimed that some guy got his ass pounded, literally, in the US congress would you doubt that?What about if I claimed there was a secret cabal covertly making every game that comes out shit?Oh I know, that every high level politician is a pedophile and that they all have blackmail on each other?If we were to go by 90's 00's standards, you would dismiss all of these as just being posts by a wackjob, but we're not then, we're in the now.
>>724115345I don't even blame the Chinese for investing in counter-strike skins.The McDonalds toy in America is better than the Chinese stock market thanks to the 5-year plan picking winners and losers for you
>>724115038>The majority of the people you are talking about will do the same thing in an entirely different "market"yes, the red tier skins, which have now greatly increased in price, and will only continue to do so. cant you see, its free money!well, if your stupid. like, stupid enough to invest into uhhhh, digital knives. but golly, its not like there was 6 billion dollars worth of these idiots in the first place, so itll never work
>>724105625buffed the FAMAS, it's fucking over
>>724115413we now have multiple well established and internationally recognized organizations saying there are aliens on the fuckin way right now, panic the fuck out and more media attention is on the fucking counter strike 2 knives market bubble pop lmao
>>724108691no one asked mongoloid kill yourself
>>724115464the red skins will also go back down, the entire ecosystem was propped up on knife/glove accessibility. the were many facets of what made them expensive that just aren't going to work at all, reds will go back down once the initial rush disappears. they need to sell all reds now and when the dust settles it'll be a graveyard
>>724097086This has been the feel good story of the month.
>>724099509AHHHHHHHHHHHHHHHHHHHHHHHHH
>>724114434>people are already investing in itno they aren't, it continues to crash.You don't understand that Valve did this on purpose, it was acting like an unregulated financial market, they decided to kill it and will almost certainly continue to kill it if retards continue to "invest" in it. Most of these trades are taking place outside of Steam so Valve aren't getting a cut but taking on risk by hosting this market.Skins are going back to 2016 prices, the rarest and most expensive knives will be less than 2k
>>724103674Probably a safe bet that down the road they'd have gotten in trouble for being the source of a several billion dollar gambling ring in a kids game regardless of the fact that they had no hand in the third-party profits where most of the money exchanges hands, so this preemptively saves them from that.
>>724115676ah, the voice of reason. which apparently only exists now and not any time before this market got to 6 billion in the first place. im sure everyone will listen to it and take heed. you know, the people who...invested on digital knives in a videogame.im sure this time itll take hold. its not like it was common knowledge before this point that "the entire system is at the mercy of a few guys who could make a change like this, and, historically, have done so with the other games they own and operate, that could crash the entire market, sometimes entirely by accident and unintentionally, as shown repeatedly, over and over, in the past many many times".NOW people will listen. THIS time. because THIS time its the biggest (it was the biggest the last 10 times).funny thing is i hope your right. you would think this would be the final straw. after the last 10 or so final straws. i seriously hope your right and people stop this shit. itll totally happen. this time.
>>724115998>Skins are going back to 2016 prices, the rarest and most expensive knives will be less than 2kshiiieeeet time to buy the dip
Turns out the Great Reset was about the steam market place. Bug eating was the tip about aiming at subhumans.
>>724115581I would care more if I didn't feel like I needed to be way more focused on the enemy at home with the zionists going mask off and panic sweeping global governments atm because zoomers have nooticed them finally
>>724097086If you invested in an RMT game market that-- by EULA-- cannot pay out into real money again with the expectation of that money doing anything but buying you steam games, what you have really done is bought pogs to play with in an online schoolyard. The money you've spent or 'earned' in the market by definition cannot be taken off the playground.If you are a westerner and put substantial 'investment' into this field, I'm sorry, you should have known better.If you are a foreigner who was farming this market to fleece out the grease drippings of real economies, you have my sympathies for being poor but not for being stupid.
>>724116053ofcourse, but the money was too easy to stop for those involved, the longevity of it was exploited. Valve could've done this 5 years ago, but they finally did it two days ago.Yeah it happens all the time, the cycle will continue in a macro sense that people will find something else, but CS Skins specifically will fall the way of TF2, with a few bagholders rotating a couple million worth of 'marketcap' between them.The skins casinos and chinks renting were a majority of the value of this particular ecosystem and thats not coming back.I believe this is this is the way it'll go. If only I could short the whole market I would.For reference, these are me.>>724115038>>724115676
I remember selling a shitty blue drodo courier in DOTA 2 for like $500. it funded my steam wallet for years. Cosmetic consoomers truly are retarded.
>>724116295>eeded to be way more focused on the enemy at homelel
It's already going back up and will recover eventually. sit the fuck down, chuds.
>>724097086I'm sure those investors will be glad to know they didn't lose a real job. :^)
>>724097086I only know the most basic surface level of this nonsense. CS skins like hats in TF2 were being traded. Now anyone playing can make the le expensive knives. Why are brown people so retarded as to think they had assets in imaginary knives? I bet these same people laughed at NFT.>he said with a roth IRA and 401K that was about to turn into dust.
>>724097086Luckily I was never into skin trading or investing, but this has ensured I will never fucking trust Valve if I ever got the idea.
>>724104252All that happened is what you see in the vid, one guy hit his head and the other broke his right arm at the elbow.
>>724116572>If you invested in an RMT game market that-- by EULA-- cannot pay out into real money againI remember 3rd party online stores where you could buy tf2 items for real money before csgo even existed. You absolutely can sell/buy shitty cosmetics for real money Plenty of jewtubers are getting rich thanks to this system. No one gives a shit about EULA, TOS etc. Valve is not stupid, they won't scare away the trader community. Trader fags are the entire point of dota 2, tf2, cs2 and deadlock maybe sometime in future. Valve thrives in this grey market environment. Which is why the recent CS2 thing they did is really weird. Maybe their economists think this will increase long term profits? As a certain insightful anon said, third party sites do not directly benefit valve even tough they are the reason the virtual economy is so strong. Maybe this is valve being short sighted as usual, they want people to spend money on keys constantly and use steam market instead of trading 5000000 dollar items on third party sites. Idk.
>>724097086Son you must choose:>Invest wisely and diversify your investments so you don't get cooked when one of them goes downhill>Invest everything in digital valve lootbox system
>>724112857It's only gone up since he's been in charge. Under B*den it stagnated for four years.
>>724117603does deadlock have these kinds of items
>>724118054No but Valve will 100% implement underage vidya skin lootbox gambling lootbox shit if by any chance Deadlock doesn't end up dead on arrival.
>>724117603>Trader fags are the entire point of dota 2, tf2, cs2 and deadlock maybenah I'm pretty sure the point is to play the games
>>724103674They gotta clamp down on this hoe before they release Deadlock.
>>724117603>You absolutely can sell/buy shitty cosmetics for real money Plenty of jewtubers are getting rich thanks to this systemyou actually have to lie/launder this money because you cant put it on your taxes. its like saying "you can totally rob banks for a living, these criminals did". just because some get away with it doesnt mean its not agaisnt the law. its just the irs is incompetent, and we live in a world where the irs knows how much you owes, but makes you guess, because H@R lobbies the government every year successfully to make their totally pointless made up industry still exist.
>>724118054Not yet.
>>724103674when you trade in 5 items for 1 item, it lowers the second hand market by...well, 5 items to 1. in order to get 5 new lesser value items, if there isnt any on the market, second hand, well, you buy a new crate, which is 100% profit to valve, instead of 4 cents of a 1 dollar trade to valve.its the same reason gun companies are always behind gun buybacks. cant get a second hand glock? golly, guess youll just have to buy a new one, directly from glock. hahah golly that worked out well for them.
>>724097086Methinks it's Valve tanking the economy on purposeI remember all the shitty skins selling for 3 cents now they're all like 20-50 centsPerhaps this will fix it somewhat
>>724117603Their economists probably think it will drive sales of keys and will clean up supply of 'worthless' skins as they dead-end into undesireable covert rarities. This drives more key purchases and engagement by a wider base of casual collectors.The only persons this hurt was the 'speculators' that had a massive glut of valuable skins they were expecting to offload based on their massive scarcity. On the legitimate side of the market, there is minimal loss.
>>724109241Dale was a famous Nascar driver that went out in a bad crash, harness held him in place but the force caused his head to jump forward so hard that it basically snapped the connection between the top of his neck snapping and the base of his skull cracking open.Shitty way to go, and the reason they hook helmets in place now so they don't whip forward in a crash.
>>724099546>Imagine if this happened to cryptoShit like this happens all the time in crypto. Just with vastly lesser market caps and it's more common so nobody cares.There was a small but across the board crash earlier this month with crypto in general. If you had a cryptofag friend he probably would have seethed about it.
Do we know if that Chinese suicide was real or just a hoax? I feel kind of bad shitposting on the forums even though I'm posting shit unrelated to it.
>>724103985B a s e d.
>>724118404>playing Video gameswe don't do that hereFrom the perspective of Valve they as a for profit business are only really in it for money. They are not your friends like steam cultists made you believe. They are a splinter company from Windows with the day 1 goal of becoming digital distributor (corpo speak for rent seeker). Their business revolves around selling lootbox garbage in their f2p games and taking 30% tax from pc vidya industry. Valve employees themselves said it several times: Why make video games when you can just sell skins? Which are also made by community. VALVE DOESN'T EVEN HAVE TO DO A DAMN THING. It's so profitable. Making actual video games with real content is very hard and unprofitable especially compared to milking f2p games. And let's not pretend these 3 f2p games are pleasant experiences. Only TF2 was good during its time, csgo and dota were always shit games only played by literal children who don't know better. Lots of people only care about them because they are the most popular steam games and they have expensive skins in those games which are tied to their steam account. In fact without gambling lootbox aspect coming with arms update csgo would have died as its player numbers were rather mediocre. dota and cs are not real games you play, they are crack you addict kids and young adults into so they spend their allowance on them.
>>724098946>how are the Russians doing?>IVAN, KNIFE IN COUNTERSTRIKE ARE WORTHLESS NOW.>I can buy on eco round now?>Da.
And real life people.Tick tock, Gabe.
>>724097086wahahahaha
>>724119885>break TOS>dieHow is this Gabe's fault?
>>724119885No crying in the casino.
>>724115995Ow, that can't feel good.
>>724097086>"Communist Wind">willing to ack over a mere $1kI hope he's Cambodian or something
>>724119956Doesn't matter. The media is gonna look for a scapegoat, and its his company.
>>724120053Nah, it's all third worlders sudokuing over this, even if it wasn't no one cares.
>>724097613Where's the video?
>>724120145We'll see.
>>724120187No we won't because nothing will happen.
>>724110584>THIRD DIVORCE FUCK THEM BITCHESHow did you know?https://www.hagerty.com/media/news/this-mercury-comets-brake-failure-can-be-a-lesson-for-us-all/Guy has two ex wives.
>>724119641yes, yes, everything is gay and retarded and evil and always has been and people are being tricked into playing bad games because they don't know better, unlike you. have you considered that nobody gives a shit about skins in a game nobody wants to play?
>>724120208You hope.
Man I hope so, is there any possibility this happens to all BTC and "investor" types, and then they ALL commit suicide?
>>724120339Nah I know. Nothing will happen and nothing ever happens.
>>724097086I guess Counter Strike became an hero shooter
>>724097086>Communist wind>lost ... 1000$>Should I end it all?I don't know whether this is a really elaborate joke or if this person is serious, haha.
>>724120516TOP KEEEEEEEEK
>>724120339From valve's perspective, it's their own money they are wiping with that. It'd be extremely difficult to hold valve legally responsible because third parties valve has no control over are taking advantage of the service to make the marketplace into a speculative financial market.
>>724097086IT ALL RETURNS TO NOTHING. IT JUST KEEPS TUMBLING DOWN, TUMBLING DOWN, TUMBLING DOWN!
>>724097935>Paying for rent with counterstrike knivesI gotta go into another tab, I'm at work, I can't be howling with laughter or I'd have to explain to coworkers that people in China are paying rent with virtual cosmetic items
>>724097086>yfw all these steam accounts get banned for RWT'ing would be too based for valve but devlish nonetheless
>>724120757CS skins aren't regulated or anything unlike crypto.Shit is magnet for money laundry and all sorts of stupid stuff.
>>724121012>banned for rwt???
>>724104474That didn't answer the question at all or make any sense. Are you all bots?
I WANT MY 50 DOLLAR BUTTERFLY KNIFE GABEN
>>724097086HAHAAHAHAHAAHAHAHAHA
>>724121495It explains why the items are valued so highly.
>>724120516Nice
>>724121618That was obvious. The question was about renting, retard.
>>724108604Good
>>724121768its tied to chinese IDs so if they steal the item they go to police, el disablo
>lost almost a $1000>should I end it all? Imagine killing yourself over a month's minimum wage salary.
i wanna open a box now
>>7241219451k dollars is a lot for third worlders.
>>724121945In some actual third world countries, $1000 is a few years of wages.
>>724098946russian are constantly dealing with economic hardship, nothing new under the sun for them
>>724121945>Imagine killing yourself over a month's minimum wage salary.>do ~2k per payday, 2-3 times a monthI mean, I'd be upset, but that's not "welp, time to kill myself" levels of fucked.
>>724108147Indeed. I had 2, gave one to my best bud back then and traded the other for a Skyrimjob key (which released 2 weeks earlier or smth and i was broke as fuck)
>>724122023valve punishing the thirdies for trying to enjoy aryan economics
>Killing yourself over skinsGlad that I am not and will never become this delusional.
Its karma for how the dub of Angel's Egg was handled by GKIDS, NYAV, and Stephanie Sheh in North America. I am a pretty sickly person, and I spent all my time trying to get by 2025 just for this movie and they had to fuck up the dub cast... I know this probaly means nothing to anybody, but I feel the same way as these people. Maybe I shouldn't be to harsh though...
>>724104310>Doppler Ruby 14kThis is fucking insanity, lmao get fucked whalers
>>724122098It's mostly chinese and sand people. Most people couldn't afford those retard ass overpriced knives.If they got lucky they would just cash out immediately.
>>724122314>was 14k>is now 3,3k
>>724122350the ones that were already rich aren't really the ones affected, it's mainly the poor thirdies that bought them after saving up a lot of money. The prices only ever went up over the course of a decade so it was seen as a safe way to store money.Some chinks even took out loans to buy skins.Anyway the prices will def go back up within 5 years or so once the red skins all get burned out of the supply. You're still losing money trading them up to a knife because most knives were never desirable. Most of the crash is just from people panic selling.
>>724099090Yeah...
>>724115581Remember, the world changes forever, first humans appear, then robots we make, then aliens arrive, finally some sort of godforsaken biological horror and finally you got the standard, humans vs robots vs aliens vs zombies/monsters. It was always going to lead to this.
>>724122474>once all red skins get burnout of the supplyintroducing millions of knives where there are less than 50k in circulation
>>724122474China is panicking really hard, some stuff go for like 80% of previous price.Fucking crazy
>>724112156Still less risky than fake vidya game stocks lol
>>724099154It's possible for them to split apart. Look at Austria-Hungary.
>>724120516
>>724122692There are way more than 50k knives in circulation, the red skins alone are easily like 20 million according to csmarketcap. The supply is going up but it will cap out eventually. Unlike cases that always drop, red skins are harder to get.
>>724097086>all that thirdie saltLoving every laugh.
I'm on a phone. Make it less blurry
>>724119641>weWhat do you mean we kemosabe?Valve's current market strategy revolves around being the SINGLE LARGEST VIDEOGAME MARKETPLACE ONLINE PERIOD. Everything else is just gravy on top.They don't even sell skins, they sell boxes with skins in them as a wildly popular supplemental monetization scheme, and it's only become wildly more popular as people have deluded themselves into believing that, like the hat market before it, it was real finance. You were building CAPITAL. You had NET WORTH.In truth, it was a game on top of the game, and the people who played the game with fun stuff they thought looked cool are the real winners, because to them their willingness to pay is fully matched by their enjoyment of pressing 'inspect' as they run to B and getting domed as soon as they peek the tunnel. "MY GUN HAS A DRAGON ON IT" he thinks as he puts a holographic sticker of his favorite CS team on it and plays four days a week.You running the trends on your virtual firearms is not any different than someone commodities trading in EVE online or someone playing the exchange in WoW or Runescape: You are engaging in recreational practice of mercantile and finance. Once you load it into your steam wallet, it's monopoly money-- quite literally in almost every sense of the phrase.You can develop some broader consipracy on how they're trying to fuck the poor innocent skin traders trying to squeeze USD out of whatever RUB they can get out of key selling or however else they're trying to spin straw into gold, but it all comes down to irresponsible and ignorant use of virtual play economies.
wonder how hard mcskillet would have killed himself this time
>>724110325sorry, nafotranny gets you banned
The reaction to this is SO fucking funny.The skincels are desparately trying to rally people against Valve but everyone else is laughing at them.>THE TRUST IS BROKENWhile none of them realize, people never trusted a market with tbousand dollar knives pumped by chinks to begin with.
>>724122989there certainly will be
>>724124391cryptotards are delusional
>>724097328I love how it's a mix of genuine anger and people who are just shitposting.Kek to the dude who was going to pay for his child's funds
>gabe creates the biggest salt factory ever>literal retards INVESTING in a fucking video game skinsI fucking love steam bros
>>724097086I'm just giddy over here reading thousands of posts of these knife hoarders seeing their numbers fucking plummet. It's the funniest shit ever. Now half of these impaired monkeys need to actually go get a fucking job hahahahahahaha
>>724124391If you only read their twitter posts you'd think the game is dead.All the casuals are celebrating even the chinks are laughing at the retarded pump and dumpers.
>>724097086If they had sense there'd be a life lesson in this for them but if they had sense they wouldn't be playing with monopoly money in the first place.
None of these idiots wondered why the market cap was at 6 billion.
>>724110221He's just desperate for someone to buy his bags.
>>724117603You are retarded.This is actually Valve playing the long game finally when it came to skins.The bubble needed to be popped and this implementation is way better because it makes everyone happy except the skincels.
>>724125662Valve isn't playing at all.
>>724100613Valve share a LOT of blame for making it a fucking lootbox with paid keys to unlock boxes.
>>724126127They are though. Notice how the only people unhappy about this are retarded skin investors.
Real talk, what should I invest my money into? My ultimate goal is to be able to live comfortably off the interest from my net worth alone, but a majority of it is currently tied up in stocks.
>>724124080>Valve's current market strategy revolves around being the SINGLE LARGEST VIDEOGAME MARKETPLACE ONLINE PERIOD. Everything else is just gravy on top.Obviously but Valve has lots of overpaid code monkeys who have to somehow justify their existence to upper dogs. That's why cs2 still gets monetization optimizations, why steam client gets tons of retarded cosmetic updates, why shit like deadlock pops up. Anything that gives them good employee points in their little meeting is good even though nothing they can possibly do bring more profit than steam's 30% tax. Meanwhile actual functional workers like hardware fags, lawyers etc. are contracted and terminated as needed just like in any other normal tech company.Yes, core valve has always been dysfunctional like this. The people responsible for everyone's favorite valve games left valve forever ago.
>>724126541You're conflating massively different factors in Steam's business model. Game cosmetic monetization and trading economies have nothing to do with the profit sharing model of digital releases.I'm not going to play 'pin the tail on the ass' over every inch of Steam's business plan. The digital trade economy apparently is working well and producing value for them, so they don't need a revolving door of short-timers to keep it running.And I played Half Life Alyx and it was a good game. I'm not going to start chanting football slogans and wearing Steam T-shirts, but as far as a store goes they've been good to me and as far as games go they haven't been making as many as they used to, but the old ones were fun and the new ones aren't bad either.
>chinks of all people complaining about market manipulation
>>724126541>The people responsible for everyone's favorite valve games left valve forever ago.Most of them are still at valve
>>724117603Calling this short sighted is dumb. This is by far one of the smartest decisions they ever made and the question isn't why they did it. The question is WHY DIDN'T THEY DO IT SOONER.
>Ruzzians lose moneyAnother successful op
>>724097834>You lost a player
>>724103674Less chance of states finally putting their foot down
Are you gonna get a knife now, /v/? Cheapest one is 40 dollars.
>>724128484For sure. I'll get one next week when the full tradeban lifts.
>>724128484Get a life, bin that knoife
>>724103674more people wanting to buy keys because now they have higher chances of getting rare valuable items
>>724097086you should see how much the vax killed
>>724097086Personally I'm with tiktok raingay. Some probably will literally suicide about this, and valve is done the worst move ever from gaming. Truly tragic baka
>>724103674A way healthier market and less headaches.
>muh skins going to zero FUD>muh all chinks bailing FUD>muh Xi investigates and bans Steam FUD>muh Dragon Lore, Howl and Gungnir in Armory FUD>muh Sticker Removal tool FUDNOT. FUCKING. SELLING.https://www.youtube.com/watch?v=FjpJk_poaHk
>ITT: "people" who don't understand that all these blatant pyramid schemes and glorified inflation sinks are a carbon copy of the FIAT BRR!nter system that defines their livesIf you live in a country with a Central Bank, you don't even own the money in your pockets -- you burrow it and pay (many forms of) interest on it in every single interaction and transaction within the system. If you hail from a former colonial or "commonwealth" nation (= imcorporated labor camp), there is a non-neglible chance that you are unironically listed as legal property in a ledger.
>>724097086Russians BTFO by big American COCK.
>>724097086if they were good investors they could apply their knowledge to other marketswhat's the problem?
>>724097328kek recent reviews was at 80% positive before the update and it's still at 80% Confirmed the number is hardcoded by valve
>>724130657More like investors and skincels matter that little
I think the funniest part about this is Valve is saying NOTHING about itLike apparently people might have offed themselves and they do not give a single fuck lmao
>>724130694You can just count the reviews yourself and see 50% are positive at best. Valve cooks the numbers
really smart of valve to shut down the grey market before it started getting media attention
>>724130971Why would they say anything?Putting any of your savings into pixels in a video game is a dumb move
>>724103674https://news.ycombinator.com/item?id=45689241#45696488
I just want cheap classic knife, fuck these retarded trader niggers
>>724132316Neat.I didnt expect that theyd consult the dota and tf2 devs as well
>>724131418It was a long time coming, it was already in the news multiple times
>>724133686Yeah its how so many fucking cryptotards aand nftcucks enter the ganeBecause they saw it was a "stable" investment and wanted in
>>724106472ew there's a brown in the thread
>>724097086Valve taught them an invaluable lesson.
>>724099376if you think people deserve to go to hell just for committing suicide you're a psychopathi think they'll be going to hell but for a much more significant reason personally
hopefully these sick gambling addicts will seek medical treatment for their psychological illness now that their collection of pixels are worthless.
>>724120757>that people in China are paying rent with virtual cosmetic itemsDumbcunts too lazy to do anything else with their economy. Like 80% of China's economy now is>women streaming for the men order doordash>men watching the streams deliver the doordash
>>724132316>a lot of trading was happening outside of the marketplaceThey let this shit happened for years and now they're doing this shit? They're actual incompetent niggers. I even got into myself into a gambling addiction when I was like 15 when playing CSGO. I'm in my 20s now.
>>724098912They're all 3rdie RMT, with a tiny 1% being actual Westerner trade autists. They were using shader reseller sites to offload these cosmetics for real cash, then paying for rent etc. Their economy is just that shit. The money we make in a day they grind in a month working 12h shifts 6 days a week. So for many they unironically make more money farming CSGO skins and grinding gold in MMORPGs.
>>724101165No in the earliest days there were lotteries for Dota 2 access keys. Friend of mine won 5 and gave them out to us to play as a 5-man. In the first weeks, queuing into a match as a 5-man was an instant win because the other team would just sit in base to surrender (cuz we cant beat a 5man you guys are cheating).
>>724100613>Am I stupid for thinking Valve does share some blame for this whole third party CS market existing in the first place?Recently people have been calling them out for basically being an internet cosmetic items gambling RMT farm casino. Then CS2 came out which everyone hated, so they ended CSGO to force people to switch. But recently, people started complaining more when it got found out that massive clans of Chinese traders were purposefully manipulating the market on CS2 cosmetics to make fat RMT money so my guess is Valve decided to end it.
>>724105625RMT were doing market manipulation on the cosmetics and making actually millions of dollars from it. Valve got sick of basically funding the Chinese economy so they pulled the plug to avoid getting blamed for operating a casino in a kids game.
>>724107143>Were the Chinese RMTing?No shit sherlock
>>724097086Holy based
>>724097086Lmao, you've been grifted by Valve all this time.
>>724128484Barely anyone wants shit knives, I just want autotronic one but unless I trust a chink source, I have to pay over $130, fuck that
>>724122023Well maybe they should've built up their economy then instead of sitting around for 3000 years doing nothing.
>>724108254>investing>one update could wipe your gorrillion scallion dollars investmentDon't worry they'll graduate to NFT and crypto next
>>724099864You really think people are making 6 figure trades through steam for store credit they can't put into their bank account? Hopefully you're still lurking so you can see me calling you a dumb fuck
>>724097423Are all these reddit faggots really crying over a thousand dollars or less hahahahahahahaha fucking embarrassing hope they knife themselves IRL
A good analogy for this would be if the Pokemon company suddenly decided to fuck over the scalpers and other shitty gradding company by reselling all these 2000 to 5000 USD good looking "rare" cards and crashed their shitty market, and have them complaining about it.For any normal player, this is a massive good news.
>>724099864It was all "grey" market trading off-platform, meaning illegal turd world money laundering scams.
>>724097086it's gonna bounce back, buy the dip niggas
>>724097086>https://en.wikipedia.org/wiki/Stock_dilutionLOL
>>724097613Please be real
I thought /v/ liked investors and crypto stuffWhat happened?
>>724135156People watch people stream the weirdest shit. I was on my break at work a few weeks ago and someone in the breakroom was just watching a stream that was just a close up of someone's mouth while they were eating. It wasn't one of those food critic streams or talking about what they're eating. It was just a close up of someone's mouth. They watched it the entire fucking 15 minutes I was up there.
>>724097086As an actual CS2 player with a full skin loadout I think this was a brilliant move.The price gap between red skins and knives/gloves was completely fucking absurd. You could get really sick red skins for $10-$30 but the most dogshit knife tended to still be >$100. It was as artificial as it gets.Now we will get a market that actually values things closer to how cool they are.Literally the only people this hurts are subhumans that make cryptobros look smart.
>>724097086should I buy the dip?>>724120516underrated post
>>724097086>We were doing something illegal. (Gambling skins) THEY SCAMMED US FOR IT! REE!!!Heh they never learn.
>>724137006/v/ doesn't like jeetroons
>>724137072A knife is at least $70-150 depending on details. The person investing money into opening for rares wants to get their money's worth for the red items or more. You don't understand economy, you don't sell on a huge margin of a loss.
>>724108254"investor" is just a fancy word for gamblers
>>724137141>The person investing money into opening for rares wantsSee, the problem is you think those people matter.
>>724097086Biggest CS streamer "ohnepixel" inventory went from $1.5M to $200k
>>724097086If you collect things because you plan to sell them later and not because you enjoy the thing you are collecting you SHOULD die, not because it is a bad thing to do, but because you lack a soul, you are not human, you are merely pretending to be, death is mercy for creatures like you.
>>724137098What? That was a right-wing classical statue pfp twitter account, /v/ loves those.
>>724137242Good. Ohnepixel is a retarded hypocrite for skipping gambling ads, while he literally gamble by opening cases in-game, kek.
>>724137269It's funny too because it's not like EVERYONE got fucked.I'm sure there are plenty of people that invested in red skins who made bank.Invested in cases? You're fine.It's literally only people who invested in the scummiest and overpriced portions of the CS market.
>>724137098qt on the right
>>724097086Absolute retards investing their money into video game skins that can be deleted or changed at any time.
Last night was probably one of the best nights of CS in the last 10+ years on our Europoor servers. The amount of shit talking and making fun of the "investors" was great.
>>724120516>If I repost the same comment I will be praised
>>724137860>NOOOOOOOOO I POSTED THAT ALREADY>GO BACK AND CHECK THE ARCHIVEwomp womp
>>724137242his portfolio was legendary, press F
>>724097834Oh no, not a player!
>>724137412I unboxed a shitty gut knife way back then, coinflipped my way up and made about 11k in a year. Still had some reds and a couple of knives in my inventory when there was a massive hike-price half a year or so ago and made some cash there too. Now the only thing I have left is my beloved Stattrak blue laminate AK. Thanks, Vulva and Gayben for the free money and good times.
>>724104218Sadly no.
>>724097834
>>724137075>should I buy the dip?you absolutely should. game is still very popular, consistent number 1 on steam charts. also steam user base is growing steadily YoY, recently breaking 40 million users. but don't expect fast returns, invest now, invest smart and wait a few years.
>>724138027Nice. They gave me an operation bravo case ($50) back when CS2 started. I decided to finally sell most of the cases I had been hoarding then and netting a couple hundred bucks. Got a decent knife and gloves, bought a bunch of nice (but cheap) skins for the rest of the weapons. And my shit has only increased in value from there. Even this market change has seen the overall value of my inv go up.I doubt I'll sell any of them anytime soon though, unless I ever 100% stop playing.
>>724097086Absolutely don't wish anyone death, but "investing in in-game items" will never stop being funny to me. Like, lmao, I sold my house and bought a texture in a video game, I'm going to become a trillionaire one day, holy shit.I knew that sometimes people would sell CS items to buy a game, but did they really treat it as their "career"?
>tf2 lootcrates were just a long convoluted plan to get thirdworlders to kill themselvesgabe... i kneel.
>>724097086Chinese present day be like:Supreme general Ga Bu Nu Wee introduces a minor adjustment of the markets. 15 million perish.
>>724097086I feel no sympathy for them.
>>724097834>look what you made me do!Lol woman moment
>>724119543>>724099376I can't bring myself to feel bad for a people that willingly let their populations explode to an absurd and irresponsible number like a billion like chinks and jeetsyou aren't even humans at that point, you're more akin to grains of sand on the beach, so utterly crammed into your sardine can lives you're incapable of conciousness or self awareness. Just walking talking meat with no purpose
>>724122234take care
>>724099275lmao high school drop outs are always the funniest shit ever
>>724099840injury risk > content revenue
I should have to pay no more than $20 for a cool skin.Fuck you, chink scalpers.
pretty hilarious the whole NFT market was valued less than cs skin market till the crash
>>724099864>if i buy a car today and next week said model drops by 80% permanently, man id feel scammed and be pissed, tooExcept the car was actually the dropped value, you bought a car from a scammer at a massive markup
>Using a video game for money laundering and commodity speculation>Get fucked because the game makers didnt intend for you to do that>Cry and kill yourselfSounds pretty based of valve to me, they need to kill the TF2 unusual market next
>>724138934not true at all
>>724120516you stole this from ShitpostRock's Xeet.
>>724110471>In retrospect it’s kind of a weird world we live in now where real sports is all in on gambling sponsors, while Valve is moving to kill off theirs.the issue is the target audience. no one would give one iota of a fuck about rando adults losing their money on CS or any video game if there were restrictions in place to prevent children from accessing the (RMT) gambling side of video games.
>>724097086>13 “But he answered one of them, ‘I am not being unfair to you, friend. Didn’t you agree to work for a denarius?
>>724098490well the crypto speculation craze normalized it and the last serious market downturn was in 2008. Which is like the birth year for a majority of modern day speculators If the markets are ever allowed to correct themselves naturally there are going to be a lot of suicides for the uninitiated
>>724110859>said anon right before discovery of real Philosopher Stone
Why didn't they at least convert a portion of their wealth into metals or real estate...?
>>724097086>All that ESL seethingHow can one fat bastard be so based?
>>724118667It's not illegal retard. It might be against the EULA, but that is not a law.
>>724104254the money was never theirs just holding it for someone else.
>>724139952Anon, these people "invested" in video game skins. It's safe to assume that they are financially retarded
>>724098574Based ultimate muscle poster
>>724138401should've been Gei Bu
>>724097086Now multiply this behavior thousandsfold when it comes to the stocks market, with zoomers levered up the ass gambling on their Robinshit App, buying shit at any stupid price.When the AI bubble bursts, and it WILL burst, you'll see a wave of suicides.
Someone should make and present convincing evidence that a similar update is coming to TF2, cause a panic, and trigger a market crash there as well.
>>724099696Hebe Trillion best Trillion
I was thinking about posting some ltg memes on x but I've decided that these guys have been repeatedly kicked while they're on the ground already.I can see a class action lawsuit raping valve's ass in a couple of years.Big fuck you to Gabe for allowing these changes and releasing their underpowered steam deck.
I just came back from vacation and the knives are all trending up hard again. Fuuuuuuuck, maybe, surely there will be cheap stilettos on the 30th again?!
>>724141101Dead cat bounce
>>724140989On what grounds would you sue?You can't sue others if you are a retard. You also can't sue because a video game developer made a change that affects your grey market
>>724140597nope. paradigm shift and the market has been solved all the way to the moon
>>724140597>When the AI bubble burstsnew trillion dollar companies will emerge, the wheel will keep turning
I only had red skins on my account so I made away like a greedy pig.
>>724141357Never pretended otherwise. Microsoft and Amazon were already there back then. Microsoft doubled its earnings in 2 years prior the 2000 burst. Cisco was the biggest company in the world because everyone and their grandma wanted network equipment (see Nvidia). The big tech will survive, don't worry. Just the turbo leveraged zoomers won't be able to stomach a nominal -50%. The best part is how they'll keep buying the "generational dip" when it will be at -6%. And then at -10, and then -15, and then they don't have any money left to cruise until we reach the real bottom and take years getting back up.Story as old as times. Only this time it's worse, because zoomers, leverage accessible to anyone, and pajeets gambling on SP500 0dte like their life depend on it (it does). At least we'll also see a suicide wave of Indians.
>>724101220kek
>>724128484I haven't played CS since 1.4
>>724103674Steam cannot by law deal in any numbers higher than 2000$ IIRC, so the devaluation is an effort to keep the economy better confined into Steam itself.
>>724131290You're brain-damaged and literally too dumb to know how reviews work kek
>>724140663TF2 doesnt have a market, it's just 50 people shifting items between each others inventories pretending their stuff is worth something
I dont play CS so can someone explain something to me please?How much do you spend with your knife visible during a typical match? Is it something you see all the time? I thought CS was about gunfights, why is t he skin of your knife so important? Or do these skins have stats that make the knife work better?
>>724097834Can I have his stuff then since he's not playing anymore and it's all worthless?
>>724140323>picPeople who donate money to streamers are on a whole other level of pathetic
based
>>724142186>How much do you spend with your knife visible during a typical match? Is it something you see all the time?Yes, you see it every round because you run fastest with your knife out>I thought CS was about gunfights, why is the skin of your knife so important? Or do these skins have stats that make the knife work betterIt's the rarest and you use it every round, also there are other niche gamemodes like bhop surf or kz where you only have your knife
>https://www.twitch.tv/ohnepixel/clip/DrabTransparentIcecreamBatChest-nFq_R4Lh_Z1dwhZM>mfw i sold my reds 2 weeks before the update
>>724142354okay so you do get to see it a lot, thanks
Best news i've heard all day, cringe zoomer faggots getting fukt because they are fucking retards. keep thinking the internet is real life, don't forget to update your social media accounts. hahahhwahwahwahwhhaw
>>724097086Hopefully the stream their suicides. Only finding out there was 2 counter strikes though.
>>724137035I hope that person isn't in charge of anything remotely critical or dangerous.
>>724097086...And that's a great thing!
